The move could amount to a counter of sorts to the various businesses-friendly policy changes Rauner has pushed as a prerequisite to reaching a budget deal. Democrats have remained largely opposed to those ideas, and that feud has left Illinois without a budget for nearly two years.

“House Democrats believe the budget crisis demands immediate action, and it is our hope to show Gov. Rauner that we stand ready to work with him,” Rep. Barbara Flynn Currie, D-Chicago, said in a statement.

“We plan to seek common ground with the governor on his proposals, and present him with items we believe should be part of the bargaining in order to encourage economic growth while lifting up the middle class,” said Currie, who serves as Madigan’s top deputy in the House.

The move comes several months after Madigan first unveiled a series of proposals aimed at jump starting job growth in Illinois after he was re-elected speaker for the 17th time. Those proposals haven't advanced since then. Neither have Rauner's. And so the budget war continues.

Democrats declined to provide details of their plans in advance of a Tuesday morning news conference, but Madigan’s previous proposals included cutting the corporate income tax rate by at least 50 percent but applying that rate across the board so that a vast majority of businesses that currently don't pay any income taxes will have to pony up.

He also called for keeping in place a sometimes controversial tax credit for businesses that create new jobs, and banning "any future tax incentives for corporations that ship American jobs out of our country." The speaker has also pushed for expanding the earned income tax credit for low-income families, raising the minimum wage and taxing those who earn over $1 million.

With only a few weeks to go before the end of the spring legislative session, Rauner’s office said it was “skeptical” about Madigan’s intentions.

“After two years of playing games and refusing to negotiate, call us skeptical that all we will see from Madigan Democrats is another set of phony reforms to disguise a massive tax hike and bailout for Chicago,” spokeswoman Eleni Demertzis said.

House Democrats met in private last week to talk about possible plans for a budget proposal, but they have yet to go public with those ideas. Last year, they approved a plan that was billions of dollars out of balance, but the Senate did not take up the proposal.